Auction Results Sydney 14 November 2020
Auction Results Sydney
Comment: Auction Results Sydney
Record Low Interest Rates: The prospect of extended low rates will prompt investors with cash in the bank earning next to nothing, to consider buying property in the hope of better returns. Sydney gross yields are tracking at record lows — 2.7 per cent for houses and at 3.3 per cent for apartments, according to CoreLogic.
CommSec is forecasting price growth in all capital cities in 2021 except Melbourne. High-rise apartments in major capital cities remain a weak spot, with oversupply forcing some prices down 20 per cent, but BetaShares chief economist David Bassanese said traditional stand-alone homes looked solid, with no sign of forced selling.
Punters counting on a house price correction of around of 15 to 20 per cent in stand-alone properties are starting to be disappointed.
Using a Buyer’s Agent: At TBAS®, we offer comprehensive end-to-end support – from identifying and analysing potential properties to dealing with agents, attending inspections, bidding at auction and negotiating a sale on your behalf. We take the time to understand your timeline, budget and exactly what you’re looking for, then create a tailored strategy to get you into your dream home, fast.
We recently achieved outstanding results in Bellevue Hill, Enmore, Bowral, Maroubra, St Ives and Avalon Beach.
Disclaimer: Not all Properties were bought or sold by TBAS® Buyers Agents. The Auction Results Sydney are compiled for research purposes to assist our valued clients in making educated decisions when purchasing property
TBAS® Property News
Realestate.com.au Auction Clearance Rate
NSW:83% | Victoria:80%
- Demand for property tipped to rise after latest RBA interest rate cut
- Mascot, Randwick drive price growth in Sydney’s eastern suburbs
- Checklist for property investors as confidence returns
- Low Rates Fuel Housing Demand
- Where Australia’s house prices are heading in 2021
- Distressed sales fall to pre-pandemic levels in most cities
- Demand Surges for Luxury Real Estate Post-Lockdown
Auction Results Sydney 14 November 2020
CLEARANCE RATE:100% - SOLD:7 - PASSED IN:0 - AUCTIONS:7
5/2 Victoria Road, Bellevue Hill - SOLD $4,500,000
28.57% Over agents price guide
Unit - Beds: 3 - Bath: 2 - Parking: 2 - Unit size: 200
Price Guide: $3,500,000 - Opening bid: $3,500,000
Bidders: 3 - Bids: 15 - Last Sold: 21 Aug 2015 for $3,100,000
4/6 Holt Street, Double Bay - SOLD $1,300,000
18.18% Over agents price guide
Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: ?
Price Guide: $1,100,000 - Opening bid: $1,100,000
Bidders: 3 - Bids: 11 - Last Sold: Not available
173 Blair Street, North Bondi - SOLD $3,610,000
20.33% Over agents price guide
House - Beds: 3 - Bath: 1 - Parking: 0 - Land size: 556
Price Guide: $3,000,000 - Opening bid: $2,400,000
Bidders: 4 - Bids: 29 - Last Sold: 8 Jul 2014 for $1,200,000
40 Edgeware Road, Enmore - SOLD $1,811,000
20.73% Over agents price guide
Terrace - Beds: 4 - Bath: 2 - Parking: 1 - Land size: 183m2
Price Guide: $1,500,000 - Opening bid: $#
Bidders: # - Bids: # - Last Sold: Not available
76 Caledonia Street Paddington - SOLD $1,732,000
28.29% Over agents price guide
Terrace - Beds: 2 - Bath: 1 - Parking: 0 - Land size: 74m2
Price Guide: $1,350,000 - Opening bid: $1,300,000
Bidders: 4 - Bids: 45 - Last Sold: Not available
1/667 New South Head Road, Rose Bay - SOLD $1,200,000
41.17% Over agents price guide
Unit - Beds: 2 - Bath: 1 - Parking: 0 - Unit size: 91
Price Guide: $850,000 - Opening bid: $880,000
Bidders: 7 - Bids: 37 - Last Sold: Not available
48 Village High Road, Vaucluse - SOLD $5,825,000
5.9% Over agents price guide
House - Beds: 4 - Bath: 3 - Parking: 2 - Land size: 706
Price Guide: $5,500,000 - Opening bid: $4,900,000
Bidders: 4 - Bids: 15 - Last Sold: 15 May 1993 $880,000

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